Underwriting Analyst

Berkley

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profile Job Location:

Hamilton Square, NJ - USA

profile Monthly Salary: Not Disclosed
Posted on: 2 days ago
Vacancies: 1 Vacancy

Job Summary

Company Details

Berkley Accident and Health is a risk management company that designs innovative solutions to address the unique challenges of each client. With our entrepreneurial culture and a strong emphasis on analytics we can help employers better manage their risk. We offer a broad range of products including employer stop loss benefit captives provider stop loss HMO reinsurance and specialty accident. The key to Berkleys success is our nimble approach to risk our ability to quickly understand think through and devise a plan that addresses each clients challenges coupled with the strong backing of a Fortune 500 company. Our parent company W. R. Berkley Corporation is one of the largest and best managed property/casualty insurers in the United States.

This role will be based in our Hamilton Square NJ or West Hartford CT office. We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.

The Company is an equal employment opportunity employer. #LI-AV1 #LI-HYBRID

Responsibilities

The Underwriting Analyst position is ideal for a recent graduate or an early career professional who wants to to grow their career in the stop loss field. The role offers robust training to ensure youre well prepared to advance upward to Senior Analyst and then Underwriter. Your role is critical to the business as you set up new and renewal prospects for the Underwriters as well as performing all other necessary functions required to underwrite the prospect and/or renewal. Youll be part of small but high-performing team of supportive colleagues who value teamwork and collaboration.

What you can expect:

  • Culture of innovation teamwork supportive colleagues and leaders willing to invest in talent
  • Internal mobility opportunities
  • Visibility to senior leaders and partnership with cross functional teams
  • Opportunity to impact change
  • Benefits competitive compensation paid time off comprehensive wellness benefits and programs employer funded health savings account profit sharing 401k paid parental leave employee stock purchase plan tuition assistance and professional continuing education

Well count on you to:

  • Knowledge of Stop Loss market and associated terms
  • Review RFPs an underwriting files to ensure the data is complete an accurate
  • Input employer stop loss characteristics such as benefits census large claim information and aggregate claim assessment into David Young system
  • Maintain quote qualifications and competitive rates
  • Ability to manage maintain and handle assignments as warranted
  • Accurately document files

Qualifications

What you need to have:

  • Bachelors degree or equivalent work experience
  • Strong mathematical background
  • Excellent communication skills with internal and external customers
  • Ability to be productive independently yet work in a team environment
  • Strong attention to detail organizational planning and time management skills
  • Creativity and problem-solving skills
  • Proficiency with Microsoft Excel

What makes you stand out:

  • Prior Stop Loss exerience
  • Comprehensive knowledge of available employer Stop Loss products including contract terms and RFP data interpretation
  • Exerience and knowledge of David Young Underwriting System
  • Ability to handle large volume of work efficiently and correctly with limited errors

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include:
Base Salary Pay Range: $50000 to $60000
Benefits: Health Dental Vision Life Disability Wellness Paid Time Off 401(k) and generous Profit-Sharing plans.
The actual salary for this position will be determined by a number of factors including the scope complexity and location of the role; the skills education training credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role

Required Experience:

IC

Company DetailsBerkley Accident and Health is a risk management company that designs innovative solutions to address the unique challenges of each client. With our entrepreneurial culture and a strong emphasis on analytics we can help employers better manage their risk. We offer a broad range of pro...
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Key Skills

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About Company

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Berkley is a leader in commercial lines insurance, with over 60+ specialized businesses - each with deep expertise in an industry, product, or regional niche.

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